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20121127
20121127
Search Results 0 to 14 of about 15 (some duplicates have been removed)
of that, plus video of jamie foxx's bizarre tribute to his lord and savior. barack obama? "hannity" starts right here, right now. >> it's clear the democrats spell blood in the water. if a deal is not reached by january 1st, a series of defense budget cuts will mean massive tax hikes reaching every american. we've seen democrats from the president on down using the so-called crisis to ram their left wing agenda down your throat. they want bigger taxes, bigger government. for example, take a look. >> if despite the dangers of going over the fiscal cliff and what that means for our economy, that there's too much stubbornness in congress, that we can't even agree on giving middle-class families a tax cut, then middle-class families are all going to end up having a big tax hike. that's going to be a pretty rude shock for them, and i suspect will have a big impact on the holiday shopping season, which in turn will have an impact on business planning and hiring, and we can go back into a recession. >> sean: republicans hate big beared and santa claus. don't buy this hype, such as letting the bus
obama promise, but some promises are made to be broken, and i think this is probably a good move. but first up congress back at work tonight after the holiday recess with now just 35 days to go. are we any closer to a tax and fiscal cliff fix? cnbc's own chief washington correspondent john harwood joins us now with all the details. good evening, john. >> reporter: good evening, laurie, and i think we are getting somewhat closer, and the white house would count it as good news that you found common cause with their report on the impact of fiscal spending. let's talk for a moment about what's happened on the fiscal cliff by the numbers since that early constructive meeting with the congressional leaders and the president. the numbers are all one. there's one month left for these leaders to figure it out. two, 1.4 it is is the amount to be shaved off by gdp and one is the amount of trillions of dollars that democratic aides, senior democratic aides tell me is necessary to get a deal wit end of the year with the remaining 3 trillion of savings coming in the early part of next year, a
. >> the senate has spoken. president obama has spoken. he's promising he will not sign any bill that mortgages our future to pay for handouts to the wealthiest 2% of americans. i only hope house republicans have been listening. >> we've been responsible, even as we've remained firm on this point. no tax increases now for promised spending cuts that won't materialize later. >> cnn political director mark preston is live from washington this morning. very nice to see you, mark. so the house is back in session today, and so far there are no talks scheduled between top republicans and the president, we understand. >> no, that's true, zoraida. in fact we haven't seen the congressional leadership and president obama meet since november 16th. now there were staff discussions over the thanksgiving holiday. they don't seem to be as productive as some people had hoped, as you said, we are now 35 days until the fiscal cliff. what we do know, though, is that president obama did reach out to house speaker john boehner. he is the republican, the senate majority leader harry reid the democrat over the weeken
it now? the obama administration will have an opportunity to look at these proposals in november and december and hopefully decide to take advantage of them and use them next year. also i am hopeful and will recommend that this not just be administrative action. congress should implement this, too. beyond that, we will have the proper recommendations with regard to other issues of security, jobs, efficiencies, innovation. this is such an important part of our economy in america. if we do not do it in the right way, we will make mistakes. when you legislate an atmosphere of crisis, where you have a mess on your hands, you quite often do not do it very well. yes, we are experiencing some good times in energy diversity now. it seems to me now is the opportunity and a fantastic time of challenge for us to develop an overall, the national energy policy to pull things together and plan for the future and not wait for another crisis. another crisis will come. when you look at the impact of energy throughout the world, what is happening with us and how we are all interrelated, it is obvi
in washington. the president's fiscal cliff campaign. live pictures of the white house are president obama will meet today with 15 small business owners. the first of a series of meetings this week as the administration puts the pressure on congress to make a deal. the "washington post" reporting the talks are accelerating between president obama and top congressional leaders, including john boehner who was on the phone with the president over the weekend. the white house's pr campaign is being buoyed along by warren buffett who is voicing support for tax hikes for americans just like him. >> i think it would have a great effect in terms of the morale of the middle class who have seen themselves paying high payroll taxes, income taxes and then watched guys like me end up paying a rate that's below that, you know, paid by the people in my office. >> joining me now is wisconsin's republican senator ron johnson. senator, it's great to have you with us this morning. and as we talk about what's taking place in washington, d.c. right now, the million dollar question is all concerns around senato
with president obama. immigration will also probably be among those discussions. >>> 7:15. new this morning, u.n. ambassador susan rice is meeting with -- on capitol hill with three senators who have been critical of her initial explanation about the attacks in libya. jamie dupree has more from washington, d.c. via skype. >> reporter: there is a lot of talk that she will be nominated for the position of secretary of state. rice is here this morning meeting with senators john mcan, lindsey graham and others in the basement of the capitol. you can see a stakeout that's down there where vee with -- where we have microphones set up. we're hoping to hear from some senators later this morning about this meeting. rice has taken a lot of flack for her explanation on the talk shows about what happened on the attacks in libya on that u.s. facility in benghazi where four republicans were killed. a lot of republicans said she was basically relating a story that was not true about how this attack was fostered and caused by that anti-muslim video that's proven not to be so. but after briefings by intelligen
. >> it is worth it. three weeks after his reelection, majority of americans approve of the job president obama's doing in office. at 52%, it's the highest approval marks the president has received from the cnn/orc survey since may. a majority of people say his experience over the first four years will make him a better president in the second term. there is measured optimism, however, about the future. 56% believe the country will be better off four years from now, compare that to four years ago when 76% felt that way. >>> moving on now, governor chris christie is getting ready for a second term. the republican governor has filed paperwork to run for reelection. christie currently enjoys a record high approval rating from -- following his hands on response to hurricane sandy. before the storm, 56% of registered voters in the garden state approved of the job he was doing after sandy, they were surveyed again giving the governor -- >> look at these numbers. >> 77%. >> willie, you're a new jersey guy. new jersey native. i'm sure you can't remember a governor having a 77% approval rating, a republ
with president obama later today. wolf blitzer will sit down with the president-elect nieto and you will hear that interview later today on cnn. now, one of the topics the two leaders will likely discuss is immigration. it's a hot button issue between the united states and mechanixi. immigration laws in the united states have gotten tougher. yes, tougher. so tough, many families are returning to mexico from the united states. >> a 10-year-old boy is struggling with his homework. oscar is getting extra help from his father because he's having trouble adjusting to his new school. >> when you left you were in, what, fourth grade? >> third grade. >> the fifth grader is technically a foreigner in his homeland. he was born in arizona. >> i pledge allegiance -- >> has approximatet been difficult for you to be here in mexico? >> kind of. >> why? >> because i have to speak another language. >> oscar's 6-year-old sister, angie, also is an american citizen. she says she misses american stores, bigger houses and parks. their parents, oscar and maria castillanes lived in arizona for years as undocumented
obama for doing his job in storm recovery. those high approval marks are also sparking new speculation about a potential presidential run for chris christie in 2016. >>> and speaking of that, another possible republican contender is your friend, go ahead -- >> jeb bush. >> yep. he met yesterday with former staffers near the white house where he reportedly entertained questions about his political future. >> according to "the national review," mika, governor bush sat down with a number of veteran florida operatives along with mitt romney's pollsters. he said mr. bush remained coy about making a run for the white house and instead deflected the focus towards his efforts on educational reform. >> potential candidates are lining up for a chance to fill congressman jesse jackson jr.'s house seat after he resigned amid scandal last week. a special election is set for mid-march but will likely be pushed to april. the son of the famed civil rights leader is currently the target of multiple investigations including one for the alleged misuse of campaign funds. jackson has been out of the public
will also hear from president obama, who signed the deficit reduction measure into law, part of the deal to raise the debt ceiling. first, senate majority leader harry reid and republican majority leader mitch mcconnell will talk on the senate floor about the january fiscal deadline. >> since our country voted to return president obama to the white house, i have spoken often about compromise. i remain optimistic that, when it comes to our economy, when it comes to protecting middle-class families from a whopping tax hike, republicans and democrats will be able to find common ground. president dwight eisenhower, a republican, once said, "people talk about the middle of the road as though it were unacceptable. there have to be compromises. the middle of the road is all usable space." so said white house and higher. -- dwight eisenhower. too often, we face off, not realizing that the solution rests somewhere in the middle. i remind everyone of one fact. this congress is one vote away from avoiding a fiscal cliff for middle-class families and small businesses. we can solve the greatest econo
lawmakers are signaling a willingness to cut a deal with president obama. but doing so, it would require republicans to break a long-standing gop pledge. some republican lawmakers say they're now willing to defy party politics and cut a deal on taxes. if congress doesn't act, $650 million of spending and tax increases will take place on january 1st. but there's fresh hope in washington that republicans and democrats can strike a deal. >> the world has changed. >> reporter: the biggest obstacle is a pledge of no tax increases of virtually any kind that every republican has signed. but with fiscal calamity on the horizon, some gop lawmakers have changed their tune. >> i will violate the pledge, long story short, for the good of the country. >> reporter: defying the pledge would buck 20 years of republican orthodoxy. this is the man behind the pledge. he's gotten thousands of republicans to sign the pledge, in exchange for help getting elected. the lawmakers open to breaking the pledge say they will do so by closing loophole, not raising taxes, putting them at odds with president obama, who
their deductions? close loopholes? or raise their tax rates? today president obama meets with small business leaders continuing his push for higher taxes for the wealthy. a new white house economic report warns if tax breaks go away, the average middle-class family will owe uncle sam another $2,200 next year. >> it seems to be the thing that we can all agree on, that middle-class families should see an extension of these tax cuts. >> reporter: some prominent republicans who have been dead set against raising taxes on anyone now hint they may consider other options. >> we've been open to revenue by closing loopholes as long as it's tied to spending cuts and pro-growth tax reform that brudens the base and lowers rates. >> you don't raise rates, you just cap the amount of itemized deductions that taxpayers -- it hits the wealthy. >> reporter: the bottom line, republicans say americans borrowing too much money trying to keep medicare and social security afloat. lawmakers with the fix-the-debt coalition meet here tomorrow. >> there's going to come a point in time where we can't borrow any more mo
think particularly coming out of this -- obama out of a strong election. no one like gaddafi. no one liked libya. no one liked the soviets. it's doable. >> to partially answer the same question. the issue for many in congress is whether this negotiation quote-unquote allows iran to continue enriching at the 3.5% level or not. the historical position of the united states going back to the early 2000's has been that there should be a suspension of all enrichment as a confidence-building measure. from what you're saying, jim, we're well past that point and iran has a lot of truth on the ground in terms of additional centrifuges and they want the -- their so-called right under the nonproliferation treaty to be recognized. the question is at what level do they continue. >> i think there's also -- i agree with that. i want to go on here. there is a debate over countries have the right to enrich. they have a right to peaceful activities. there's some ambiguities about that. people disagree. both the iranians have said, offered this as a principle. i think it's important to have principles t
its thanksgiving break today. the senate was back yesterday. meantime today president obama will be meeting with small business leaders. at issue of course is the series of tax increases and spending cuts that kick in at the end of the year if congress doesn't act. >> there will come a point in time where we can't borrow anymore money and interest rates will sky rocket. >> cnbc's raise above campaign continues. we're asking who has the courage to rise above partisan politics and find a solution. among our guests, three men who understand washington, wall street and corporate america very well. we have the chairman of president george w. bush's council of economic adviser, ed lazear, roger altman, and real estate tycoon don peebles. but let's cover this morning's top headlines. >>> we do have a lot in the corporate headlines this morning including equity residential and avalon bay communities agreeing to buy archstone from lehman brothers holdings. the price tag, about $6.5 billion in cash and stock. the deal gives lehman cash to help pay its creditors as it liquidates. but i
Search Results 0 to 14 of about 15 (some duplicates have been removed)